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Loan Associate Jobs in Center Line, MI (NOW HIRING)

AD Mortgage

Mortgage Underwriter

Troy, MI

Analyze loan applications, credit reports, and appraisals to ensure every file tells a clear ... Associate's degree or 0-2 years of professional experience. Working Conditions: * This is a ...

AmeriVet

Associate Veterinarian

Southfield, MI · On-site

$120K - $140K/yr

This offers associate veterinarians a rare chance to join a practice from the beginning , rather ... Competitive pay, performance bonuses, 401(k) matching, and student loan assistance to foster your ...

Amerivet

Associate Veterinarian

Southfield, MI · On-site

$120K - $140K/yr

This offers associate veterinarians a rare chance to join a practice from the beginning , rather ... Competitive pay, performance bonuses, 401(k) matching, and student loan assistance to foster your ...

Amerivet

Associate Veterinarian

Southfield, MI · On-site

$120K - $140K/yr

This offers associate veterinarians a rare chance to join a practice from the beginning , rather ... Competitive pay, performance bonuses, 401(k) matching, and student loan assistance to foster your ...

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All JobsLoan Associate JobsLoan Associate Jobs in Center Line, MI

Loan Associate information

See Center Line, MI salary details

$10

$19

$28

How much do loan associate jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for loan associate in Center Line, MI is $19.09, according to ZipRecruiter salary data. Most workers in this role earn between $13.56 and $23.03 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a loan associate?

To thrive as a Loan Associate, you need a solid understanding of financial principles, loan processing procedures, and regulatory compliance, often supported by a degree in finance or a related field. Familiarity with loan origination software, credit analysis tools, and document management systems is commonly required. Strong attention to detail, customer service orientation, and effective communication skills help Loan Associates excel in client interactions and team environments. These skills and qualities are vital for ensuring accurate loan processing, regulatory adherence, and positive client experiences.

How much does a loan associate make?

A loan associate typically earns a median annual salary of around $40,000 to $50,000, depending on experience, location, and the employer. Entry-level positions may start lower, while experienced loan associates or those in high-cost areas can earn higher wages, often supplemented with bonuses or commissions. Skills in customer service, financial analysis, and familiarity with loan processing software are valuable in this role.

What does a loan associate do?

A Loan Associate assists clients with the loan application process, reviews financial documents, and helps determine eligibility for various loan products. They work closely with loan officers and underwriters to ensure all required documentation is complete and accurate. Additionally, Loan Associates may answer customer questions, verify information, and process paperwork to support timely loan approvals and disbursements.

What are some common challenges faced by loan associates during the loan processing cycle?

Loan Associates often encounter challenges related to balancing multiple loan applications simultaneously while ensuring compliance with regulatory requirements. They must carefully verify documentation, communicate effectively with applicants, and coordinate with underwriters and loan officers to keep the process on track. Staying organized and adaptable is key, as changes in applicant circumstances or evolving lending guidelines can require prompt adjustments. Successfully managing these tasks helps ensure timely loan approvals and a positive borrower experience.

What is the difference between Loan Associate vs Mortgage Processor?

AspectLoan AssociateMortgage Processor
CredentialsHigh school diploma or equivalent; some roles may prefer relevant certificationsHigh school diploma; some roles may require mortgage-specific certifications
Work EnvironmentBank branches, credit unions, or financial institutionsMortgage companies, banks, or lending institutions
Job ResponsibilitiesAssisting clients, gathering documents, processing loan applicationsReviewing documents, verifying information, preparing files for approval
Industry UsageCommonly employed in retail banking and lendingPrimarily in mortgage lending and real estate finance

While both roles support the loan process, a Loan Associate typically handles client interactions and initial documentation, whereas a Mortgage Processor focuses on verifying and preparing mortgage files for approval. Understanding these differences can help job seekers identify the right position in the lending industry.

What are the most commonly searched types of Loan jobs in Center Line, MI? The most popular types of Loan jobs in Center Line, MI are:
What cities near Center Line, MI are hiring for Loan Associate jobs? Cities near Center Line, MI with the most Loan Associate job openings:
Loan Associate jobs near you
Infographic showing various Loan Associate job openings in Center Line, MI as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 22% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $39,717 per year, or $19.1 per hour.

Loss Mitigation Processor

United Wholesale Mortgage

Pontiac, MI • On-site

$39K - $54K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago

United Wholesale Mortgage rating

7.8

Company rating: 7.8 out of 10

Based on 98 frontline employees who took The Breakroom Quiz

96th of 150 rated financial services

Job description

The Loss Mitigation Processor plays a critical role in assisting borrowers who are experiencing financial hardship and at risk of defaulting on their mortgage loans. This position supports the Loss Mitigation department by processing documents, coordinating communications, tracking application statuses, and ensuring compliance with investor, regulatory, and internal servicing guidelines.
WHAT YOU WILL BE DOING
• Review, track, and process incoming loss mitigation applications and borrower documentation (e.g., income verification, hardship letters, tax returns).
• Conduct preliminary assessments to ensure loss mitigation application packages are complete and escalate issues as needed.
• Communicate with borrowers, servicers, and internal departments regarding application status, missing documents, and next steps.
• Update and maintain loan servicing systems with accurate and timely information.
• Ensure compliance with federal regulations (e.g., RESPA, CFPB), investor guidelines (e.g., Fannie Mae, Freddie Mac, FHA), and company policies.
• Assist in preparing and sending notices of receipt, incomplete application letters, and resolution decisions within required timelines.
• Monitor timelines for critical milestones (e.g., 5-day, 30-day, 120-day) and escalate files approaching deadlines.
• Work collaboratively with Loss Mitigation Specialists and Underwriters to ensure a smooth borrower experience.
• Provide administrative support to the Loss Mitigation team, including reporting, data entry, and file maintenance.
WHAT WE NEED FROM YOU
Must-Have Qualifications:
• High school diploma or equivalent required; associate or bachelor's degree preferred.
• Experience: 1-3 years of experience in mortgage servicing, loss mitigation, or a related customer service/administrative role in financial services.
• Strong organizational and time-management skills.
• Excellent written and verbal communication skills.
• Ability to handle sensitive customer information with discretion.
• Proficiency in Microsoft Office (Word, Excel, Outlook) and loan servicing software (e.g., MSP, Fiserv, or equivalent).
• Knowledge of loss mitigation options (loan modification, forbearance, short sale, etc.) preferred.
THE PLACE & THE PERKS
Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It's all happening on UWM's campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.
It's no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It's at the very heart of how we treat each other, our clients and our community. Whether it's providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.
From the team member that holds a door open to the one that helps guide your career, you'll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you'll be welcomed here. Accepted here. And empowered to Be You Here.
More reasons you'll love working here include:
  • Paid Time Off (PTO) after just 30 days
  • Additional parental and maternity leave benefits after 12 months
  • Adoption reimbursement program
  • Paid volunteer hours
  • Paid training and career development
  • Medical, dental, vision and life insurance
  • 401k with employer match
  • Mortgage discount and area business discounts
  • Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court
  • Wellness area, including an in-house primary-care physician's office, full-time massage therapist and hair salon
  • Gourmet cafeteria featuring homemade breakfast and lunch
  • Convenience store featuring healthy grab-and-go snacks
  • In-house Starbucks and Dunkin
  • Indoor/outdoor café with Wi-Fi

DISCLAIMER
All the above duties and responsibilities are essential job functions subject to reasonable accommodation and change. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. Team members may be required to perform other or different job-related duties as requested by their team lead, subject to reasonable accommodation. This document does not create an employment contract, implied or otherwise. Employment with UWM is "at-will." UWM is an Equal Opportunity Employer. By selecting "Apply for this job online" you provide consent to UWM to record phone call conversations between you and UWM to be used for quality control purpos

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